40 C
Dubai
Friday, July 26, 2024
spot_img

Boeing, major supplier identify new 737 Max issue

Boeing and a major supplier have identified a new manufacturing flaw that might cause delays in delivering the 737 Max, Boeing’s popular aircraft. The issue involves improperly drilled fastener holes in the aft pressure bulkhead on certain 737 Max models.

While this affects near-term deliveries and requires inspections and rework, Boeing emphasizes that the flaw doesn’t compromise flight safety for planes already in service.

Spirit AeroSystems, which manufactures the fuselage for the 737 Max, acknowledged the flaw’s impact due to its multiple suppliers but will continue delivering fuselages to Boeing. This setback hampers Boeing’s goal of delivering 400 to 450 Max jets this year. This situation has led to concerns about a possible downward revision in their plans.

This development also highlights supply challenges faced by aircraft manufacturers in recent years. The delay affects Boeing’s revenue flow as they receive a significant portion of the purchase price upon delivery.

Furthermore, such delays have financial implications in terms of inspection and corrective work expenses.

It’s worth noting that Boeing’s 737 Max series previously faced a global grounding after fatal accidents, and production glitches have disrupted the deliveries of their larger 787 jetliner as well.

As a result of these challenges, both Boeing and Spirit AeroSystems have seen declines in their stock values.

Next Article

Related Articles

UAE Secures Victory in Bid to Host COSPAR 2028

UAE has secured a prestigious victory by winning the bid to host the Committee on Space Research (COSPAR) Assembly in 2028. This milestone event, which...

Alert Smart City: An Investment Opportunity to Revolutionize Crisis Communication in the Era of Climate Change

Leadership in Urban Resilience: The Journey of a Smart City in Crisis Communication Since its inception in 2019, Alert Smart City has been at the...

Srikanth Ravinutala and Adaapt AI : A Journey of Digital Transformation

Introduction Adaapt AI, led by Srikanth Ravinutala, is a pioneering AI-driven platform designed for digital transformation heads, enabling seamless adaptation to new technologies. By...

Explore the GCC’s Newest AI Innovation for Transforming Your Social Media Strategy!

Ardalan Zadehsoltan, founder and CEO of Unlock AI, launched the company to address social media management challenges faced by clients. With a background in...

Sreshta Farmer Producer Company Limited: Pioneering Technology-Driven Farming in Andhra Pradesh

Introduction to Sreshta Farms Sreshta Farmer Producer Company Limited (Sreshta Farms) was established in Kollipara, Andhra Pradesh, with the vision of creating a technology-driven agricultural...

Latest Articles